Commercial Analyst (Town Centre Branch)

Job summary

The Commercial Analyst provides administrative and analytical support to the commercial sales team, focusing on underwriting, financial statement analysis, and credit risk management. The role involves managing loan origination processes, conducting annual account reviews, and fostering relationships within the branch network and business community.

Job details

We are currently seeking a Commercial Analyst to join our team. The Commercial Analyst is an entry role into commercial sales/lending roles. An incumbent should expect to spend at least two (2) years in this role and once required skill and experience level is achieved would look to apply for a commercial sales/lending role when they become available. Responsibilities include: provides administrative and analytical support to the commercial sales team; performs a variety of tasks that support the underwriting process for new credit applications; conducts annual reviews on commercial accounts, analyzes financial statements, and completes analysis of industry and market data, as required. The incumbent will deal directly with commercial members once a sufficient level of skill and experience are achieved. This role will be working primarily in construction and real estate financing. Here’s what would be included as a part of your typical day 1. Financial Analysis: Completes analysis of financial statements and identifies any potential issues or concerns. Researches industry reports and analyzes market data related to specific credit applications, as required. 2. Loan Review/Security: Reviews "offer of credits" and "loan security" generated from the application tool to ensure information is complete and accurate; reviews delinquency reports and connects with TBD and/or credit services to work on resolution. 3. Loans Origination Process: Completes required paperwork for new credit applications, ensuring all supporting documentation is in place and forwards to commercial expert for review and/or approval; ensures required information from financial statements is entered into loans origination system; completes letter of credit requests in loans origination system; and completes progress draw worksheets for construction loans and monitors loan disbursement requests. 4. Risk Management: Completes annual reviews on commercial accounts and ensures all terms and conditions are satisfied including visiting business premises when required. 5. Sales and Service: Reviews files to identify cross-selling opportunities and forwards to appropriate commercial banking advisors; addresses member/client complaints or concerns to the mutual satisfaction of all parties. Establishes and maintains relationships within the branch network and the business community and follows up on incoming referrals. Promotes the organization’s image within the community through participation in community initiatives and events. Reinforces relationship management and Tru Cooperative Bank sales culture through support of in-branch and company wide campaigns and recognizing employee referrals. Required Skills, Experience & Qualifications * Experience in Commercial Analyst or lending roles is preferred * College, Trade or Tech School Diploma (2 years) in related field required * Bachelor’s Degree in related discipline preferred * 2 years sales and financial analysis experience or equivalent required * Previous knowledge of lending policies, procedures, products, and services preferred * Working knowledge of relevant legislation and statutory requirements influencing the granting and collection of commercial credit preferred * Proven knowledge and skills in financial statement analysis and credit risk management * Proven ability to manage change and identify and act upon continuous improvement opportunities * Strong work ethic and demonstrated resourcefulness in execution of daily activities * Advanced knowledge in Microsoft Office Applications, specifically MS Excel and Word * Displays an understanding of risk and risk ownership by being able to demonstrate adherence to policies and procedures.

What you’ll do

The Commercial Analyst provides administrative and analytical support to the commercial sales team, focusing on underwriting, financial statement analysis, and credit risk management. The role involves managing loan origination processes, conducting annual account reviews, and fostering relationships within the branch network and business community.

Requirements

Candidates must possess a 2-year diploma in a related field and at least 2 years of experience in sales and financial analysis. Proficiency in Microsoft Office applications and a strong understanding of lending policies and credit risk management are required.

Listed skills

• Administrative Support · Preferred
• Microsoft Excel · Preferred
• Risk Management · Preferred
• Microsoft Word · Preferred
• Financial analysis · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Financial analysis
• Credit risk management
• Underwriting
• Loan origination
• Financial statement analysis
• Market data analysis
• Construction financing
• Real estate financing
• Relationship management
• Microsoft Excel
• Microsoft Word
• Lending policies
• Risk management
• Cross-selling
• Administrative support
• Loan Disbursement
• Resourcefulness
• Cross-Selling
• Relationship Management
• Bank Sales
• Credit Risk Management
• Strong Work Ethic
• Financial Statement Analysis
• Business To Business
• Commercial Banking
• Construction Loans
• Continuous Improvement Process
• Sales
• Financial Analysis
• Financial Statements
• Loans
• Risk Management
• Microsoft Office
• Real Estate

Job areas

• Finance & Accounting
• Sales
• Construction
• Administrative
• Data & Analytics
• Commercial Analyst
• Financial Analyst (General)
• Financial Analysts
• Financial and Investment Analysts